A Kuwaiti investment group is continuing negotiations to invest in Liverpool, with representatives set to meet the co-owner Tom Hicks "within the next two weeks".
Hicks and George Gillett purchased Liverpool in February 2007 but their relationship has since deteriorated and, with a £350m bank loan needing to be repaid or refinanced in the next four months, an investor or outright buyer is being sought.
Abdulla Al-Sager, who is representing his family in the talks, said talks with Hicks in Texas are imminent after last week insisting the Americans were asking for "too much" to invest in the Anfield club.
"They are willing to negotiate and we are negotiating and will continue to do so in the weeks to come," Al-Sager told Bloomberg. "We are serious and things can change."
Al-Sager, who was at Liverpool's 2–0 win over Chelsea on 1 February along with Rafed Al-Kharafi, a member of one of Kuwait's richest families, did not reveal the size of the stake to be discussed, but hinted the group would be prepared to work with Hicks.
"Hicks and his team are nice people and unbelievably humble," he said. "We are huge supporters and we definitely want something to happen."
Al-Sager is hopeful of galvanising the club. "We want to build the new stadium in Stanley Park [work on which has stalled] and make the team do really well," he added.
Hicks and George Gillett purchased Liverpool in February 2007 but their relationship has since deteriorated and, with a £350m bank loan needing to be repaid or refinanced in the next four months, an investor or outright buyer is being sought.
Abdulla Al-Sager, who is representing his family in the talks, said talks with Hicks in Texas are imminent after last week insisting the Americans were asking for "too much" to invest in the Anfield club.
"They are willing to negotiate and we are negotiating and will continue to do so in the weeks to come," Al-Sager told Bloomberg. "We are serious and things can change."
Al-Sager, who was at Liverpool's 2–0 win over Chelsea on 1 February along with Rafed Al-Kharafi, a member of one of Kuwait's richest families, did not reveal the size of the stake to be discussed, but hinted the group would be prepared to work with Hicks.
"Hicks and his team are nice people and unbelievably humble," he said. "We are huge supporters and we definitely want something to happen."
Al-Sager is hopeful of galvanising the club. "We want to build the new stadium in Stanley Park [work on which has stalled] and make the team do really well," he added.
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